To: Janice Shell who wrote (245 ) 10/31/1999 4:57:00 PM From: StockDung Respond to of 1156
financialweb.com News and Updates of the Stock Detective Kind. Sponsored by WallStreet Guru Stock Detective Light - April 13, 1998... ||||| Future SuperStock, EOSC & Barrow Street Securities - Without kicking a horse many wish was already dead, it is important to note that Stock Detective continues to follow the saga of Future SuperStock and the trail of Stinky Stocks it leaves in its wake. Among recent financial flotsam is a company calling itself Electro Optical (OTCBB: EOSC). Electro Optical was featured by Future SuperStock in January as its "Stock of the Year." This hype came just weeks after EOSC had started trading. But within days of the Future SuperStock's pump, more than 2.5 million shares of EOSC were trading daily. This despite the fact that between the two companies that merged to create EOSC, neither had a bucket or even a mop. Fortunately for investors – well, some investors – the SEC arrived early to the promoter party, pulling the plug on EOSC's trading 61 days after it started. Another pseudo-research outfit, Barrow Street Research, had also recommended the stock. Both Barrow and Future SuperStock are on our list of paid promoters (http://www.financialweb.com/stockdetective/list.html) that try passing themselves off as objective analysts. One reader recently alerted us to an excellent article on Briefing.com's website about the creative con behind EOSC (http://www.briefing.com/stkbrief/eosc.htm) and how two non-functioning companies merged to become one with a market capitalization of more than $100 million. Tread carefully, ...Stock Detective For additional commentary please check out the questions and answers in the Stock Detective's Reader Mailbag.